Award

CON-21-099 Enhance Due Diligence Tool

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 2 releases in its history.

Award

07 Sep 2021 at 15:15

Tender

21 May 2021 at 17:15

Summary of the contracting process

The Financial Conduct Authority (FCA) is seeking proposals for the "Enhance Due Diligence Tool" under a tender process, classified within the IT services industry (CPV: 72000000). The procurement is currently in the planning stage with an active status, and the end date for submissions is set for 11th June 2021. The contract has a value of £33,500 and presents an opportunity for a one-year extension. The project is located in the United Kingdom, and submissions can be made electronically via the specified portal.

This tender can unlock significant growth opportunities for IT service providers, particularly those specialising in software development and consulting services. Businesses with expertise in creating user-friendly tools for financial and regulatory compliance, as well as those capable of providing robust support and training, would be well-suited to compete. The procurement process encourages participation from all economic operators, including small and medium enterprises (SMEs), enhancing the competitive landscape for innovative service solutions.

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Notice Title

CON-21-099 Enhance Due Diligence Tool

Notice Description

The FCA require a tool which is user friendly, allow search, retrieval, collation and dissemination of results in a simple and efficient way for wider organisational use. The tool should: Provide information relating to international and domestic-level sanctions list coverage; Provide information about Politically Exposed Persons (PEPs); Identify and show convictions (in the public domain) for numerous offences listed in our requirements as well as a list of those accused, investigated, arrested, charged, indicted, detained, questioned or placed on trial; Be available for demonstration to FCA staff showing its full capabilities; Be supported by easily accessible "Help and Support" to include on-line user training and guidance; Permit the FCA to switch users between staff as often as required and the facility for the FCA to swap users itself; Be licensed for sharing results across the FCA and reference our sources within formal documentation.

Lot Information

Lot 1

The FCA require a tool which is user friendly, allow search, retrieval, collation and dissemination of results in a simple and efficient way for wider organisational use. The tool should: Provide information relating to international and domestic-level sanctions list coverage; Provide information about Politically Exposed Persons (PEPs); Identify and show convictions (in the public domain) for numerous offences listed in our requirements as well as a list of those accused, investigated, arrested, charged, indicted, detained, questioned or placed on trial; Be available for demonstration to FCA staff showing its full capabilities; Be supported by easily accessible "Help and Support" to include on-line user training and guidance; Permit the FCA to switch users between staff as often as required and the facility for the FCA to swap users itself; Be licensed for sharing results across the FCA and reference our sources within formal documentation.

Options: This contract has the option to extend by a further 12 months.

Renewal: This contract is for one (1) year with the option to extend by a further one (1) year.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02b3fc
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022177-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£33,500 Under £100K
Lots Value
£33,500 Under £100K
Awards Value
Not specified
Contracts Value
£30,000 Under £100K

Notice Dates

Publication Date
7 Sep 20214 years ago
Submission Deadline
11 Jun 2021Expired
Future Notice Date
Not specified
Award Date
7 Jul 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
May 2022

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
Additional Buyers

THE FINANCIAL CONDUCT AUTHORITY

Contact Name
Lea-Rose Clarke
Contact Email
isprocurement@fca.org.uk
Contact Phone
+44 2070661000

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

EXIGER

Open Contracting Data Standard (OCDS)

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